Issue Summary

For the airline and aerospace industries, Russia's invasion of Ukraine is unlike other recent conflicts. For one, it's occurring on the doorstep of some of the world's busiest airspace, much of which now is closed to Russian aircraft. As of Sunday, Russia's airspace remained open for most world airlines, except those from the UK, but that undoubtedly will change. Without access to Russia's vast airspace, flights between Europe and Asia will have to track over Anchorage for polar routes or to the south for routes to such places as India, Southeast Asia, and Australia. This will add time and fuel…